Battery Management Modules Market Outlook 2025 |The Insight Partners Battery Management Modules Market Outlook 2025 |Th | Page 4
Battery Management Modules Market to 2025
The electronics manufacturers are concentrating on producing small versions of electronic products, resulting in
reduced size of BMS. Rising demand for reducing fuel costs and maximizing vehicle competence has led to
technological progressions in EV and HEV. To upsurge utilization of battery storage ability and evade hazardous
incidents caused by battery overheating, Original Equipment Manufacturers (OEM) of e-bikes and e-vehicles are
integrating BMS systems in these vehicles. The global market for BEM is experiencing complex competition due to
existence of huge number of manufacturer.
The global battery management system market is segmented by topology into distributed, centralized and modular.
Further, the market is segmented by component that includes battery, DC/DC converter, power module and
communication channel. Also, the global battery management market is bifurcated on the basis of end-user into
automotive, consumer/handheld and energy. This market is also bisected by regions i.e. Europe, APAC, North
America, South America and Middle East & Africa.
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